Hanover, MA 02339

Flip Market Report

Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Hanover, MA. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Plymouth County, we've been able to rank it against its peer counties within Massachusetts. To provide an even fuller picture, we also ranked Massachusetts against all other US states.

Region Rank in # of Flips Rank in Flip Profit
Massachusetts #28th in US
#6th in US
Plymouth County #4th in MA
#6th in MA

Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.

Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.

02339 Historical Monthly Listing Prices

Latest Median Sale Price

$ 499,900

0% YoY Change
Plymouth Historical Monthly Home Sales

Latest Monthly Sales Count

596

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Plymouth County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
Massachusetts 6,902,149 0.57% #15th in US
Plymouth County 518,132 0.61% #7th in MA
02339 13,879 #89th in MA
Home Searches

FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.

Array
(
    [zip_id] => 16931
    [country] => USA
    [zip] => 02339
    [city] => Hanover
    [state] => Massachusetts
    [state_abbr] => MA
    [county] => Plymouth
    [dma] => 506
    [latitude] => 42.1232
    [longitude] => -70.8525
    [timezone] => -5
    [timezone_dst] => 1
    [dttm] => 2019-09-30
    [postal_code] => 
    [zip_name] => 
    [flag] => 
    [median_listing_price] => 
    [median_listing_price_mm] => 
    [median_listing_price_yy] => 
    [active_listing_count] => 
    [active_listing_count_mm] => 
    [active_listing_count_yy] => 
    [median_days_on_market] => 
    [median_days_on_market_mm] => 
    [median_days_on_market_yy] => 
    [new_listing_count] => 
    [new_listing_count_mm] => 
    [new_listing_count_yy] => 
    [price_increased_count] => 
    [price_increased_count_mm] => 
    [price_increased_count_yy] => 
    [price_reduced_count] => 
    [price_reduced_count_mm] => 
    [price_reduced_count_yy] => 
    [pending_listing_count] => 
    [pending_listing_count_mm] => 
    [pending_listing_count_yy] => 
    [median_listing_price_per_square_feet] => 
    [median_listing_price_per_square_feet_mm] => 
    [median_listing_price_per_square_feet_yy] => 
    [median_square_feet] => 
    [median_square_feet_mm] => 
    [median_square_feet_yy] => 
    [average_listing_price] => 
    [average_listing_price_mm] => 
    [average_listing_price_yy] => 
    [total_listing_count] => 
    [total_listing_count_mm] => 
    [total_listing_count_yy] => 
    [pending_ratio_mm] => 
    [pending_ratio_yy] => 
    [RegionID] => 58726
    [RegionName] => 02339
    [State] => MA
    [Metro] => Boston-Cambridge-Newton
    [County] => Plymouth County
    [City] => Hanover
    [SizeRank] => 769
    [Zhvi] => 515300
    [MoM] => -0.000775645
    [QoQ] => 0.0048752
    [YoY] => 0.00136028
    [5Year] => 0.0432915
    [10Year] => 0.0296867
    [PeakMonth] => 2019-01
    [PeakQuarter] => 2019-Q1
    [PeakZHVI] => 524000
    [PctFallFromPeak] => -0.0166031
    [LastTimeAtCurrZHVI] => 2018-10
    [flips] => 2423
    [purchase_price] => 243881
    [resale_price] => 362771
    [gross_margin] => 118889
    [flipcount_rank] => 28
    [flipmargin_rank] => 6
    [counties] => 14
    [zip_population] => 13879
    [zip_rank] => 189
    [state_population] => 6902149
    [state_rank] => 15
    [state_difference] => 0.566830
    [list_prices] => ",,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,599000,565900,509000,499000,479450,499000,499000,487400,474900,464900,499999,520000,532450,539000,562400,539450,527400,525000,519900,512450,494450,489150,499900,534500,549900,564900,579900,579900,570750,586950,549450,599000,615900,609900,615900,619900,619900,599900,599900,609950,579900,599900,626950,609900,607400,604900,599949.5,599999,599900,612900,599900,577000,549000,575000,537400,499900"
    [list_prices_exploded] => Array
        (
            [0] => 
            [1] => 
            [2] => 
            [3] => 
            [4] => 
            [5] => 
            [6] => 
            [7] => 
            [8] => 
            [9] => 
            [10] => 
            [11] => 
            [12] => 
            [13] => 
            [14] => 
            [15] => 
            [16] => 
            [17] => 
            [18] => 
            [19] => 
            [20] => 
            [21] => 
            [22] => 
            [23] => 
            [24] => 
            [25] => 
            [26] => 
            [27] => 
            [28] => 
            [29] => 
            [30] => 
            [31] => 
            [32] => 
            [33] => 
            [34] => 
            [35] => 
            [36] => 
            [37] => 
            [38] => 
            [39] => 
            [40] => 
            [41] => 
            [42] => 
            [43] => 
            [44] => 
            [45] => 
            [46] => 
            [47] => 
            [48] => 
            [49] => 
            [50] => 
            [51] => 
            [52] => 
            [53] => 
            [54] => 
            [55] => 
            [56] => 
            [57] => 
            [58] => 
            [59] => 
            [60] => 
            [61] => 
            [62] => 
            [63] => 
            [64] => 599000
            [65] => 565900
            [66] => 509000
            [67] => 499000
            [68] => 479450
            [69] => 499000
            [70] => 499000
            [71] => 487400
            [72] => 474900
            [73] => 464900
            [74] => 499999
            [75] => 520000
            [76] => 532450
            [77] => 539000
            [78] => 562400
            [79] => 539450
            [80] => 527400
            [81] => 525000
            [82] => 519900
            [83] => 512450
            [84] => 494450
            [85] => 489150
            [86] => 499900
            [87] => 534500
            [88] => 549900
            [89] => 564900
            [90] => 579900
            [91] => 579900
            [92] => 570750
            [93] => 586950
            [94] => 549450
            [95] => 599000
            [96] => 615900
            [97] => 609900
            [98] => 615900
            [99] => 619900
            [100] => 619900
            [101] => 599900
            [102] => 599900
            [103] => 609950
            [104] => 579900
            [105] => 599900
            [106] => 626950
            [107] => 609900
            [108] => 607400
            [109] => 604900
            [110] => 599949.5
            [111] => 599999
            [112] => 599900
            [113] => 612900
            [114] => 599900
            [115] => 577000
            [116] => 549000
            [117] => 575000
            [118] => 537400
            [119] => 499900
        )

)
Array
(
    [county_name] => Plymouth
    [state] => Massachusetts
    [state_fips] => 25
    [county_fips] => 25023
    [dma] => 506
    [metro_name] => Boston, MA
    [cbsa_name] => Boston-Cambridge-Newton, MA-NH
    [county_region_id_zillow] => 2482
    [metro_region_id_zillow] => 394404
    [fips] => 25023
    [cbsa_code] => 14460
    [population_prior] => 514969
    [population] => 518132
    [rank] => 7
    [difference] => 0.614211729
    [region_id] => 2482
    [sale_counts] => "554,558,443,415,377,362,359,388,378,375,383,472,494,486,401,363,353,363,392,411,434,440,440,512,536,590,517,497,397,356,337,351,347,366,381,468,480,503,437,405,354,349,346,360,354,350,342,401,446,462,396,358,352,396,350,357,354,426,466,531,552,544,495,473,475,471,465,466,457,467,472,532,526,526,483,503,498,470,449,439,445,453,462,524,513,499,451,481,527,548,576,560,534,525,555,647,660,652,594,594,512,530,533,595,595,583,634,712,719,690,607,620,590,606,597,626,613,593,622,689,729,695,621,612,607,628,610,619,614,601,617,703,763,757,678,627,605,598,598,618,599,596"
    [county] => Plymouth
    [flips] => 249
    [purchase_price] => 220741
    [resale_price] => 327249
    [gross_margin] => 106508
    [flipcount_rank] => 4
    [flipmargin_rank] => 6
    [sale_counts_exploded] => Array
        (
            [0] => 554
            [1] => 558
            [2] => 443
            [3] => 415
            [4] => 377
            [5] => 362
            [6] => 359
            [7] => 388
            [8] => 378
            [9] => 375
            [10] => 383
            [11] => 472
            [12] => 494
            [13] => 486
            [14] => 401
            [15] => 363
            [16] => 353
            [17] => 363
            [18] => 392
            [19] => 411
            [20] => 434
            [21] => 440
            [22] => 440
            [23] => 512
            [24] => 536
            [25] => 590
            [26] => 517
            [27] => 497
            [28] => 397
            [29] => 356
            [30] => 337
            [31] => 351
            [32] => 347
            [33] => 366
            [34] => 381
            [35] => 468
            [36] => 480
            [37] => 503
            [38] => 437
            [39] => 405
            [40] => 354
            [41] => 349
            [42] => 346
            [43] => 360
            [44] => 354
            [45] => 350
            [46] => 342
            [47] => 401
            [48] => 446
            [49] => 462
            [50] => 396
            [51] => 358
            [52] => 352
            [53] => 396
            [54] => 350
            [55] => 357
            [56] => 354
            [57] => 426
            [58] => 466
            [59] => 531
            [60] => 552
            [61] => 544
            [62] => 495
            [63] => 473
            [64] => 475
            [65] => 471
            [66] => 465
            [67] => 466
            [68] => 457
            [69] => 467
            [70] => 472
            [71] => 532
            [72] => 526
            [73] => 526
            [74] => 483
            [75] => 503
            [76] => 498
            [77] => 470
            [78] => 449
            [79] => 439
            [80] => 445
            [81] => 453
            [82] => 462
            [83] => 524
            [84] => 513
            [85] => 499
            [86] => 451
            [87] => 481
            [88] => 527
            [89] => 548
            [90] => 576
            [91] => 560
            [92] => 534
            [93] => 525
            [94] => 555
            [95] => 647
            [96] => 660
            [97] => 652
            [98] => 594
            [99] => 594
            [100] => 512
            [101] => 530
            [102] => 533
            [103] => 595
            [104] => 595
            [105] => 583
            [106] => 634
            [107] => 712
            [108] => 719
            [109] => 690
            [110] => 607
            [111] => 620
            [112] => 590
            [113] => 606
            [114] => 597
            [115] => 626
            [116] => 613
            [117] => 593
            [118] => 622
            [119] => 689
            [120] => 729
            [121] => 695
            [122] => 621
            [123] => 612
            [124] => 607
            [125] => 628
            [126] => 610
            [127] => 619
            [128] => 614
            [129] => 601
            [130] => 617
            [131] => 703
            [132] => 763
            [133] => 757
            [134] => 678
            [135] => 627
            [136] => 605
            [137] => 598
            [138] => 598
            [139] => 618
            [140] => 599
            [141] => 596
        )

)

Flip Market uses data engineering + AI to help businesses and individuals successfully flip homes.

© 2024 Flip Market  •  Our Methodology  •  Contact  •  Privacy Policy